I’ve heard it said that some women are afraid to wear their jewelry because they may lose it or because it may get stolen. Personally I don’t understand the purpose in having a gorgeous piece of jewelry and not being able to wear it. There is a simple solution to this fear. GET INSURANCE. You have insurance on all of your other expensive purchases such as your car and your home; why not insure your precious jewels. it is not a long, tiring, drawn out process as many people seem it may be. Like car insurance and home owners insurance you can go online, for example to Jewelers Mutual, and get a free quote for your jewelry. Of course you may want to shop around, but the process is not hard. In some cases, you can even add your jewelry to your home owners insurance! All you’ll need to provide is your receipts, as well as an appraisal.
It is important to have some type of insurance on your engagement ring and wedding band, anything can happen. Depending on the insurance, it can cover anything from theft to lost stones. In terms of loss, most insurance suggest having the ring checked from the jeweler the ring purchased from every 6 months to a year to make sure prongs are still securing the diamond and that nothing is loose. This usually takes only a minute or two. The jeweler only needs to look at the ring under a loop to check for loose stones.
The yearly cost to insure your ring is $1 to $2 for every $100 that it would cost to replace. In plain English, this means that if your ring would cost $9,000 to replace, you might expect to pay between $90 and $180 per year to insure it . I think it is so worth it !!
Happy Shopping !